MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]
CHAPTER 6
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INTERPRETING THIS ACT
PART 6-2
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MEANING OF SOME IMPORTANT CONCEPTS
Division 255
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Integrated mining project interests
Guide to Division 255
SECTION 255-1
255-1
WHAT THIS DIVISION IS ABOUT
(a) whether a royalty credit for a mining project interest can be applied in working out a transferred royalty allowance for another mining project interest; and
(b) whether mining project interests are combined in a single mining project interest.
The concept of integration of mining project interests is relevant to:
Note 1:
For availability of royalty credits in working out transferred royalty allowances, see section 65-20 .
Note 2:
For when mining project interests are combined, see Subdivision 115-B .
Operative provisions | |
255-5 | Upstream integration of mining project interests |
255-10 | Downstream integration of mining project interests |
255-15 | Meaning of downstream mining operations |
255-20 | Choice to integrate |
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